Ecuador Eyes US$42 Billion of Investment in Hydrocarbons Sector

Ecuador Eyes US$42 Billion of Investment in Hydrocarbons Sector

January 24, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Ines Manzano, Ecuador's Minister of Energy and Mines, recently presented Ecuador's Hydrocarbons Sector Investment Plan for 2025-2029, in which the South American nation foresees US$44 billion of investment during that period.

Ecuador expects to increase its oil output in 2025 and 2026, though volumes are expected to drop after the closure of a major block.

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